Oil news
Norway Abandons Deep Sea Mining Plans
Norway has temporarily halted its deep-sea mining plans by postponing the first licensing round until at least 2029, following a political agreement with the Socialist Left Party for the state budget. The four-year delay to exploration and extraction activities in Norwegian waters was achieved through budget negotiations, although the government maintains its underlying policy has not changed. The decision has been welcomed by environmental groups like the WWF and the Deep Sea Conservation Coalition as a major win for environmental protection,…
Categories: Oil news
Norway Abandons Deep Sea Mining Plans
Norway has temporarily halted its deep-sea mining plans by postponing the first licensing round until at least 2029, following a political agreement with the Socialist Left Party for the state budget. The four-year delay to exploration and extraction activities in Norwegian waters was achieved through budget negotiations, although the government maintains its underlying policy has not changed. The decision has been welcomed by environmental groups like the WWF and the Deep Sea Conservation Coalition as a major win for environmental protection,…
Categories: Oil news
Norway Abandons Deep Sea Mining Plans
Norway has temporarily halted its deep-sea mining plans by postponing the first licensing round until at least 2029, following a political agreement with the Socialist Left Party for the state budget. The four-year delay to exploration and extraction activities in Norwegian waters was achieved through budget negotiations, although the government maintains its underlying policy has not changed. The decision has been welcomed by environmental groups like the WWF and the Deep Sea Conservation Coalition as a major win for environmental protection,…
Categories: Oil news
U.S. Eyes Warehouse Generators for Massive Grid Capacity Boost
Energy Secretary Chris Wright has floated an unusual but very creative plan to quickly expand U.S. grid capacity: tapping the industrial diesel generators already sitting at data centers, big-box retailers, and other commercial sites. The proposal comes as multiple regional grids strain under the explosive power demand driven by the data-center boom. Leveraging these idled generators could serve as a short-term bridge until new generation comes online. Bloomberg quoted Wright on Tuesday morning at the North American Gas Forum in Washington, where…
Categories: Oil news
Russia’s Druzhba Oil Flows Continue After Ukraine Strike
Hungary has reported that oil flows from Russia via the key Druzhba oil pipeline have continued after it came under attack by Ukraine on December 1. According to Mol Nyrt, Hungary's main oil company, imported crude flows through the Transneft-owned pipeline have so far been unaffected. Previously, the Kyiv Independent had reported that Ukraine used remote-controlled explosives to destroy the pipeline. "The Russian oil network, as the main source of income for the aggressor state and financing for the military-industrial complex, will continue to…
Categories: Oil news
Russia’s Druzhba Oil Flows Continue After Ukraine Strike
Hungary has reported that oil flows from Russia via the key Druzhba oil pipeline have continued after it came under attack by Ukraine on December 1. According to Mol Nyrt, Hungary's main oil company, imported crude flows through the Transneft-owned pipeline have so far been unaffected. Previously, the Kyiv Independent had reported that Ukraine used remote-controlled explosives to destroy the pipeline. "The Russian oil network, as the main source of income for the aggressor state and financing for the military-industrial complex, will continue to…
Categories: Oil news
Tajikistan Turns to Russia After Deadly Cross-Border Militant Raids
Tajikistan is seeking Russia’s help in containing raids by Islamic militants operating out of Afghanistan. Two attacks within the past week have left five Chinese nationals working on road construction and gold mining projects in Tajik border areas dead. The Reuters news agency reported December 2 that Tajik officials are negotiating with their Russian counterparts on mounting joint patrols along the almost 850-mile-long frontier with Afghanistan. Moscow maintains military facilities housing thousands of troops in and around Dushanbe, the…
Categories: Oil news

